Cheme82's CBB plays for November

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  • jolmscheid
    Restricted User
    • 02-20-10
    • 3256

    #316
    I've got 20 total plays today boys with about half for 2 units and half for 4 units based on trying to get my bets to be more static based on the edges I get....let's hope all goes well...
    Comment
    • jolmscheid
      Restricted User
      • 02-20-10
      • 3256

      #317
      Originally posted by impper
      if their line is off pinny's by a whole point then your edge should be in the range of 6-10% depending on the juice
      Yup, I've got 2 plays that were off by 1 point so I got 6% edges on those...I think I will still only have a max of 5 units on any one game tho...
      Comment
      • impper
        SBR Sharp
        • 11-11-10
        • 490

        #318
        yeah. remember though that this is a system where we're betting a pretty good amount for a relatively small payout. we get around that basic handicap by pushing our biggest edges . . . the math should bear us out in the long run as long as we don't go busto
        Comment
        • GGZOLA
          SBR MVP
          • 06-30-06
          • 1118

          #319
          seems to me that, unless you have a soft-book with weak lines, which is a rare priviledge to play in let alone not be booted out, there is no edge to play if you deal with regular lines? Am i wrong here guys?
          Comment
          • jolmscheid
            Restricted User
            • 02-20-10
            • 3256

            #320
            Yea I understand impper...so do you bet EXACLTY what your edge gives you??? Or how do you structure your wagering?
            Comment
            • impper
              SBR Sharp
              • 11-11-10
              • 490

              #321
              Originally posted by GGZOLA
              seems to me that, unless you have a soft-book with weak lines, which is a rare priviledge to play in let alone not be booted out, there is no edge to play if you deal with regular lines? Am i wrong here guys?
              there is an edge because certain points are worth more than other points, so there are spots where point buying gives you a nice edge. this is true even if your book is perfectly sharp with regard to pinny lines. And even then there are pinny leans, and no book is going to move a line a half point because pinny or matchbook is leaning one way or the other by a slight margin. that slight margin, along with point buying is where the edge comes in
              Comment
              • impper
                SBR Sharp
                • 11-11-10
                • 490

                #322
                Originally posted by jolmscheid
                Yea I understand impper...so do you bet EXACLTY what your edge gives you??? Or how do you structure your wagering?
                within the range of 50 cent intervals i bet a multiple of what my edge gives me. this ends up being in the range of 2-4 units on the majority of my plays, with most plays coming in at 2.5-3.5 units . . .
                Comment
                • GGZOLA
                  SBR MVP
                  • 06-30-06
                  • 1118

                  #323
                  yes but, problem is, buying points cost a LOT more online and its very difficult to find a local dumb enough the let you buy 1/2 points for -110 or -115 for key foots numbers. I just wanna ask one thing, will any of you guys post your plays at all while cheme82 is gone, thanks and good luck.
                  Comment
                  • jolmscheid
                    Restricted User
                    • 02-20-10
                    • 3256

                    #324
                    Can you explain a little more?? So if you have a 1.13% edge, how would you bet that?? Thank impper!
                    Comment
                    • chilidog
                      SBR Posting Legend
                      • 04-05-09
                      • 10305

                      #325
                      Originally posted by GGZOLA
                      yes but, problem is, buying points cost a LOT more online and its very difficult to find a local dumb enough the let you buy 1/2 points for -110 or -115 for key foots numbers. I just wanna ask one thing, will any of you guys post your plays at all while cheme82 is gone, thanks and good luck.
                      Well, this is the basketball thread. It costs me more to buy points in football than in basketball, and you really only buy the points in football when you're pushing past key numbers.
                      Comment
                      • jolmscheid
                        Restricted User
                        • 02-20-10
                        • 3256

                        #326
                        Originally posted by chilidog
                        Well, this is the basketball thread. It costs me more to buy points in football than in basketball, and you really only buy the points in football when you're pushing past key numbers.
                        yea since I get charged for key number point buying, I really don't even find any edges in football really...
                        Comment
                        • GGZOLA
                          SBR MVP
                          • 06-30-06
                          • 1118

                          #327
                          yes,sorry i know points are more with key nfl numbers. I understand line changes are volatile and edges shrink/increase literally every second.Just wondered if you guys would post some sort of consensu b4 games start, in nba or ncaab thread
                          Comment
                          • impper
                            SBR Sharp
                            • 11-11-10
                            • 490

                            #328
                            Originally posted by GGZOLA
                            yes but, problem is, buying points cost a LOT more online and its very difficult to find a local dumb enough the let you buy 1/2 points for -110 or -115 for key foots numbers. I just wanna ask one thing, will any of you guys post your plays at all while cheme82 is gone, thanks and good luck.
                            there are plenty of books who offer half-points for 10 cents each, most up to -150 and a good amount up to -170.

                            if we're doing it right, we'll all have consensus if we post picks an hour or 30 minutes pre-game. before that there are too many confounding factors to post picks unless we're all in the same context imho
                            Comment
                            • GGZOLA
                              SBR MVP
                              • 06-30-06
                              • 1118

                              #329
                              can u name some impper? If you dont mind of course...best i found was dsi with 2 point max basketball buys to -150. Seems nice, it is on-par with -3 -170, but they dont allow more than 2pts in hoops.
                              Comment
                              • impper
                                SBR Sharp
                                • 11-11-10
                                • 490

                                #330
                                Originally posted by jolmscheid
                                Can you explain a little more?? So if you have a 1.13% edge, how would you bet that?? Thank impper!
                                try something like this:

                                1 + (edge * 1.41)

                                cap it at whatever is the maximum number of units you feel comfortable playing
                                Comment
                                • impper
                                  SBR Sharp
                                  • 11-11-10
                                  • 490

                                  #331
                                  can u name some impper? If you dont mind of course...best i found was dsi with 2 point max basketball buys to -150. Seems nice, it is on-par with -3 -170, but they dont allow more than 2pts in hoops.
                                  bet jamaica and rebate wager have been named in this thread so far. i believe sportsbook.com and brobury also let you buy to -170, and there are others, i'm sure . . .
                                  Comment
                                  • chilidog
                                    SBR Posting Legend
                                    • 04-05-09
                                    • 10305

                                    #332
                                    whew, that's a lot of plays. I have 20 for CBB (and currently watching 6 more), and 8 in NBA. good luck to us
                                    Comment
                                    • impper
                                      SBR Sharp
                                      • 11-11-10
                                      • 490

                                      #333
                                      yep, i'm approaching that number now haha. i didn't get quite so many in the nba... time to run the numbers again!
                                      Comment
                                      • chilidog
                                        SBR Posting Legend
                                        • 04-05-09
                                        • 10305

                                        #334
                                        I like this way so much better. It definitely beats me rushing to crunch the numbers before gametime, plus my wife gets off of work and I want to spend time with her, etc.
                                        Comment
                                        • impper
                                          SBR Sharp
                                          • 11-11-10
                                          • 490

                                          #335
                                          i agree chili . . . nothing worse than setting a schedule around the nba/ncaa's and then having the girlfriend bug you about staring at the "screen full of numbers" just when she wants to do something...

                                          it's great for me too because i stare at a screen full of numbers all day at work anyway

                                          let's hope the profits can keep up
                                          Comment
                                          • chilidog
                                            SBR Posting Legend
                                            • 04-05-09
                                            • 10305

                                            #336
                                            Well, here's what I ended up with. There are a few plays twice, because I have 2 locals, and they don't always coincide with the same lines, which explains why some of the plays are on opposite sides (hoping for a middle!), as well as some plays being listed twice, but at different lines.

                                            CBB
                                            Air Force +16.5 -165
                                            Cleveland State +5 -155
                                            Drexel +11.5 -165
                                            Central Michigan +7 -165
                                            Middle Tenn St -1.5 -165
                                            Bradley -9.5 -165
                                            Villanova -2 -165
                                            Utah State -7 -165
                                            San Francisco +10 -165
                                            Oregon State -3 -165
                                            Connecticut +8 -165
                                            CS Fullerton +19 -165
                                            St Johns -8 -165
                                            Montana State -3.5 -165
                                            Oregon State -2.5 -165
                                            St Johns -7.5 -165
                                            Providence -6 -165
                                            Virginia +8 -165
                                            Missouri -6.5 -165
                                            Wichita State -1.5 -170

                                            NBA
                                            Philadelphia +8.5 -165
                                            Miami +7.5 -165
                                            Memphis -3.5 -165
                                            Dallas +7 -165
                                            Golden State +8.5 -165
                                            Chicago +6 -165
                                            Utah -4 -105
                                            Minnesota +11 -165

                                            GL
                                            Comment
                                            • GGZOLA
                                              SBR MVP
                                              • 06-30-06
                                              • 1118

                                              #337
                                              chili, would you reccomend i buy 2 points for -150, (i am gonna follow nba only 1st time have very limited bankroll to start) since thats all i can get for now, or would u recommend i play the nba plays straight, thx thx thx
                                              Comment
                                              • chilidog
                                                SBR Posting Legend
                                                • 04-05-09
                                                • 10305

                                                #338
                                                I'd really recommend that you go to the half point calculator, and plug in the numbers at 2 points for -150, and seeing where you have an edge at. My edges are going to be different than yours, and most other's, because I get 3 points at -165 (same as cheme).

                                                That being said, cheme posted the stats without buying points at all in NBA, and I think there's only like a 20 unit loss by not betting points. He was up like +120 units with buying 3 points, and up +100 units without the 3 points.
                                                Comment
                                                • impper
                                                  SBR Sharp
                                                  • 11-11-10
                                                  • 490

                                                  #339
                                                  good stuff. all my nba plays look like yours except there was no value for golden state at +8.5 -170, but i woulda bet it at -165! good luck tonight. for college there are so many plays i can barely remember them. mine look like yours for the most part though. im on uconn, st johns, central mich, among the ones i remember.

                                                  e: cheme was up by like 210 units with point buying and 190 without, if i remember correctly.

                                                  i've run the math dozens of times on the utility of point buying versus just buying straight up. as long as point buying turns a loss into a win 1 in 5 times it breaks even, and if it does it more than 1 in 5 it's profitable. it seems like these picks hit straight up without point buying way more than 52% though
                                                  Comment
                                                  • GGZOLA
                                                    SBR MVP
                                                    • 06-30-06
                                                    • 1118

                                                    #340
                                                    ok thank you. i just cannot do it, I tried for hours with that calculator thing but its just waaay over my head. Mind youI am a seasoned degenerate, but I just cannot grasp the calculator thing. Went to the page, even after following sbr's directions still cluless. It says "now on the bottom portion of the calculator enter second values, etc. there is no bottom half! Anyways i will try to play them staright for small see how they do, thank you
                                                    Comment
                                                    • chilidog
                                                      SBR Posting Legend
                                                      • 04-05-09
                                                      • 10305

                                                      #341
                                                      Originally posted by GGZOLA
                                                      ok thank you. i just cannot do it, I tried for hours with that calculator thing but its just waaay over my head. Mind youI am a seasoned degenerate, but I just cannot grasp the calculator thing. Went to the page, even after following sbr's directions still cluless. It says "now on the bottom portion of the calculator enter second values, etc. there is no bottom half! Anyways i will try to play them staright for small see how they do, thank you
                                                      It's not too difficult. On the top part of the calculator, above the 'Calculate' button, you select your sport, leave it at 'Spread', then input the spread, along with the fav/dog lines that you get from pinnacle. Then press Calculate.

                                                      Under the Calculate button is where you input the lines you get for the spreads at your own book, whether it be a local or an offshore book. The whole thing works by showing you what edge you have by buying a point, against the pinny line.
                                                      Comment
                                                      • chilidog
                                                        SBR Posting Legend
                                                        • 04-05-09
                                                        • 10305

                                                        #342
                                                        Originally posted by impper
                                                        i've run the math dozens of times on the utility of point buying versus just buying straight up. as long as point buying turns a loss into a win 1 in 5 times it breaks even, and if it does it more than 1 in 5 it's profitable. it seems like these picks hit straight up without point buying way more than 52% though
                                                        Agreed, but I hate losing, heh. Especially when a bet loses by 1-2 points, and buying the 3 points would've saved me. I've done the math tons of times as well, and I think that both ways can be argued. There have been days where buying the 3 points eliminated all profit when higher unit bets lost, and those days would've been profitable had I just bet straight up without 3 points. On the inverse, there ahve been days where buying the 3 points kept me profitable for the day, whereas not buying them would've been a net loss.

                                                        That being said, a +30 unit gain in profit by buying the 3 points is a lot, so personally, I buy the points. That is where the edge is created, and that's what I bet.
                                                        Comment
                                                        • GGZOLA
                                                          SBR MVP
                                                          • 06-30-06
                                                          • 1118

                                                          #343
                                                          OK, gonna try one more time. I but nba, -4 for utah -116 because that was line at pinny, with dog +104. when i hit calculate it shows me a bunch of pointspreads -2 through -5 all at -2.65 fave edge and dog edge. now where exactly do i put in, for second book at -110 both sides?
                                                          Comment
                                                          • GGZOLA
                                                            SBR MVP
                                                            • 06-30-06
                                                            • 1118

                                                            #344
                                                            i assume its where you can put where it says -4.0 out of the choices listed,from 2.0 to 5.0. so i do this, favortie edge goes from -2.56 to -0.19, still negative
                                                            Comment
                                                            • chilidog
                                                              SBR Posting Legend
                                                              • 04-05-09
                                                              • 10305

                                                              #345
                                                              Originally posted by GGZOLA
                                                              OK, gonna try one more time. I but nba, -4 for utah -116 because that was line at pinny, with dog +104. when i hit calculate it shows me a bunch of pointspreads -2 through -5 all at -2.65 fave edge and dog edge. now where exactly do i put in, for second book at -110 both sides?
                                                              Okay, I'll go with those numbers. After you input 4 as the spread, and -116 as the fav price, and +104 as the dog price, and hit calculate, and the numbers change below, you're first going to look at the center line, Spread 4, assuming that the book you're going to use to place the bets also has the line at 4. But to keep it simple, let's assume they do. Spread 4 has -116 as the fav price, and +104 as the dog price. Replace the -116 with -110, and hit enter. The fav edge is now at -0.19%, but that's still not a bet, because you only want positive edges.

                                                              So, here's where the point buying comes in. Look at the fav price for 2.5 points, vs the dog price of 5.5 points. I would first pay attention to the 2.5 spread, because the fav price is -146, which is greater than the dog edge for the 5.5 spread, which is -124.1. Now, there's a little button (it's showing up as a broken image for me right now), that's at the top of the columns. Press that a few times until you're at a spread of 1. So now, you should see spreads 1-4 in the Spread column.

                                                              Anyway, for a spread of 1 (which would be -1), you see that the fav price is -185.4. Assuming it costs you -170 to buy 3 points, this looks like it will have an edge. So replace the 185.4 with -170 and hit enter. Now you have a positive edge of 0.43% So, you would make your bet on Utah -1 -170, and for the unit amount, bet whatever you want in relation to the edge percentage.

                                                              Now, before you making your bet, you need to check if buying the 3 points for the dog would give you an greater edge. So, scroll down until you're at Spread 7, and you'll see that the number is less than -170, so there's no point in inputting the -170.

                                                              After you do this for a little while, you start to get the hang of it, and you can tell which numbers you need to calculate, and which ones to ignore.

                                                              So, there yah have it. Enjoy
                                                              Comment
                                                              • GGZOLA
                                                                SBR MVP
                                                                • 06-30-06
                                                                • 1118

                                                                #346
                                                                by george i think ive got it! One big,huge problem is i do not see an edge with given, actual pointspreads without buying points. I know cheme has an astronomical 70% without buying points in nba so far, but mathematically it seems there is ZERO edge if 3 points are not bought for -170 or better.
                                                                Am I wrong here?
                                                                Comment
                                                                • chilidog
                                                                  SBR Posting Legend
                                                                  • 04-05-09
                                                                  • 10305

                                                                  #347
                                                                  You are correct, and for some reason, the games have been hitting straight up at such a high rate. There will be games that you'll find where you have more of an edge without buying points at all. You'll really learn over time which values you need to input. Whether you buy 1/2, 1, 2, 2.5, 3, or no points at all. You'll see different edges, and you make your bet based on the largest edge.

                                                                  But yah, it's baffling why they've been hitting so high with basketball - that's definitely not the case in football.
                                                                  Comment
                                                                  • impper
                                                                    SBR Sharp
                                                                    • 11-11-10
                                                                    • 490

                                                                    #348
                                                                    you're right, there is a negative edge when you do not buy points. it is called the juice
                                                                    Comment
                                                                    • impper
                                                                      SBR Sharp
                                                                      • 11-11-10
                                                                      • 490

                                                                      #349
                                                                      But yah, it's baffling why they've been hitting so high with basketball - that's definitely not the case in football.
                                                                      i can't say this for sure, but one thing that is certain is that those who get in before 6 pm steam or those who cause the 6 pm steam are profitable in the long run and those who follow the steam are losers in the long run.

                                                                      what relevance does this have to this system? well, by getting good value early on, we're 'anticipating' the steam and siding with sharp bettors who are causing the lines to move. and if we're making our plays shortly pre-game, we'll generally place our bets in the opposite direction of the steam chasers, since a line that moves big one way will usually be bet the opposite way by the system AFTER the big line movement takes place, since that is where the value will be. you see this a lot with pro gamblers--they take the opposite side after a line moves big in one direction; this system dictates that very same wager be placed
                                                                      Comment
                                                                      • GGZOLA
                                                                        SBR MVP
                                                                        • 06-30-06
                                                                        • 1118

                                                                        #350
                                                                        one more perplexing question is, what time do you guys determine is optimal for edge for placing wagers with so much line fluctuation in the whole day?
                                                                        Comment
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